transport Infrastructure investment, economic growth and devolution
TBC - 2018
09:00 - 17:00
The devolved decision-making to Combined Authorities, City Regions or Local Enterprise Partnerships (LEPs) has provided greater opportunities of investing in transport infrastructure projects in order to enhance regeneration benefits and unlock economic growth in the local areas. Since then more innovative opportunities of financing transport infrastructure projects have emerged from working in partnership with businesses, developers and other public sector organisations.
At this one-day course you will explore how transport infrastructure projects contribute to the local, regional and national economy. Also you will learn how the Local Growth Fund has helped to reduce poverty across LEP areas in England.
Who will Benefit?
The course is suitable for those who are responsible for developing transport strategies, infrastructure investment plans and delivery plans. The course is also suitable for those who working with Local Enterprise Partnerships (LEPs), Combined Authorities and City Regions.
Upon completion of the course, delegates will be able to:
• understand of how, when, why and to what extent transport infrastructure affects regeneration and economic growth
• understand of how to incorporate economic growth impacts in a business case for a new transport infrastructure
• understand the different finance options available and the role that developer contributions play for delivering transport infrastructure project
• understand the benefits of integrated decision making and working in partnerships and
• understand the role of the Local Growth Fund in improving the economic outlook for the disadvantaged areas in the country.
WHO SHOULD ATTEND?
Planners, developers, economic development officers, transport economists, transport planners, business case writers, transport strategy managers, LEP officers, programme and project managers, communication officers and team leaders.
Session 1 Regeneration, GVA and economic growth
- Strategic need
- Property and land value increase
- Regeneration benefits
- GVA benefits estimation
Session 2 Financing transport infrastructure projects
- Public and private sector funding opportunities
- Public-private partnership initiatives
- Earn back mechanism
- Financing models (PWLB, TIF etc)
The participants will be offered course materials folder and a certificate of attendance
*this is a preliminary programme and subject to change
Session 3 Integrated decision making process
- Devolution and integrated decision making (local decision making – transport, skills, planning and health)
- Integration between planning, development and public sector leadership (land use, transport, development and risk certainty due to public sector leadership)
- Working together with partners and stakeholders (Network Rail, Highways England etc)
- Mega transport infrastructure projects (HS2, Cross Rail etc)
Session 4 Growth Fund and its impacts on social groups
- Local Growth Fund, infrastructure investment and geographical allocation
- Local prioritisation process for Local Growth Fund
- Social Distributional Impacts
- Local Growth Fund and regeneration benefits